Question
Respond to the following either agreeing or adding to enhance learning Wells Fargo has 260,000 employees, which is about as large as the other big
Respond to the following either agreeing or adding to enhance learning
Wells Fargo has 260,000 employees, which is about as large as the other big banks, and should make the strategic move into building out the investment bank, to capture more of the mergers and acquisition and consultation fees of the business. Wells Fargo could perhaps purchase a smaller investment bank and expand them, or scale up the current investment bank operations in house. Also, expanding into International markets could provide an increased revenue stream to Wells Fargo and help to smooth out the variability in the Americas over time.
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